Aircraft Electronics Association Educational Foundation

Analysis

Aircraft Electronics Association Educational Foundation is a registered charity in United States, based in Lees Summit, MO. It received its IRS tax-exemption ruling in August 1990, 36 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Aircraft Electronics Association Educational Foundation reported income of $225k and spending of $236k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $189k to $225k (+19%), an average of +4.5% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Aircraft Electronics Association Educational Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within MO. Charities of a similar size with the same main cause include Raider Pride Booster Club Inc ($225k), St Pauls Church Nursery School Inc ($225k) and Palos Verdes Hills Nursery School ($225k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.0% and program service revenue 75% of the total. At year end it held assets of $787k against liabilities of $4,855, net assets of $782k.